July 23, 2020

Asian markets mixed as US-China tensions offset stimulus hope

Hong Kong (AFP) – Asian markets were mixed Thursday as investors juggled hopes for a new stimulus deal in Washington with concerns about the virus and another flare-up between China and the United States.Optimism over the development of a vaccine and a wall of government and central bank cash is providing much-needed support to equities as traders fret over a spike in new infections around the world and the reimposition of containment measures in the US and other key economies.European leaders lifted sentiment this week when they finally agreed on an $860 billion rescue package for the eurozon…

source https://this.kiji.is/en/658866056613512289?c=648607265489716321

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